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rates
China’s Central Bank Unexpectedly Maintains Rate, Adds Liquidity
News Analysis The People's Bank of China (PBOC) held the medium-term policy rate steady on Monday, relying on market expectations for a cut needed to shore up China's shaky post-pandemic ...
January 15, 2024
BY
Indrajit Basu
Average Long-Term US Mortgage Rate Dips Below 7 Percent to Its Lowest Level Since Early August
LOS ANGELES—The average long-term U.S. mortgage rate dropped below 7 percent to its lowest level since early August, ...
December 15, 2023
BY
The Associated Press
Credit Card Interest Rates Hit Highest Levels in at Least 38 Years
Interest rates on credit cards have risen to their highest levels in decades, data shows.
October 10, 2023
BY
Jack Phillips
Average Long-Term US Mortgage Rate Rises to 6.71 Percent in First Increase After 3 Straight Drops
LOS ANGELES—The average long-term U.S. mortgage rate rose this week, snapping a three-week pullback after reaching a high ...
June 30, 2023
BY
The Associated Press
China’s Economy Slows in May; Central Bank Cuts Interest Rate
BEIJING—China's economy stumbled in May with industrial output and retail sales growth missing forecasts. The economic rebound seen ...
June 16, 2023
BY
Reuters
ECB Lifts Interest Rates to 22-year Highs
LONDON—The European Central Bank raised interest rates for the eighth successive time, as expected, on Thursday and signalled ...
June 15, 2023
BY
Reuters
Bank Rates Are Up. How to Avoid Leaving Money on the Table
NEW YORK—Moving your savings around by opening a new account and closing an old one can seem like ...
April 29, 2023
BY
The Associated Press
Nine Months of Monetary Restraint: What’s Next?
Commentary Faced with the highest inflation in 40 years, the Federal Reserve decided a year ago to adopt ...
April 3, 2023
BY
Robert Genetski
Bank Failures Lead to Lower Mortgage Rates
The first good news for potential homebuyers has come out recently with a drop in mortgage rates. Rates ...
March 18, 2023
BY
Mike Valles
As Fed Rates Rise, Save at a Credit Union
In the past year, the Federal Reserve has employed several interest rate hikes in an effort to stabilize ...
March 14, 2023
BY
The Associated Press
ECB Set to Raise Rates Again in May, Policymakers Say
VILNIUS/PRAGUE—The European Central Bank is likely to raise interest rates again in May after an already signaled hike ...
February 3, 2023
BY
Reuters
Fed Needs Mortgage-Backed Securities Exit Plan ‘Earlier Than Later,’ Kansas City Fed President Says
WASHINGTON—Kansas City Federal Reserve President Esther George has urged her colleagues to come to terms "earlier than later" ...
January 25, 2023
BY
Reuters
Fed Wants ‘Flexibility’ on Rates as Inflation Remains Key Focus, Minutes Show
WASHINGTON—All officials at the Federal Reserve's Dec. 13–14 policy meeting agreed the U.S. central bank should slow the ...
January 4, 2023
BY
Reuters
Average Mortgage Rates Rise After 6 Weeks of Declines
WASHINGTON—The average long-term U.S. mortgage rate rose this week after falling for six straight weeks, adding to the ...
December 29, 2022
BY
The Associated Press
Australia Central Bank Raises Rates to 10-year High, Says More Needed
SYDNEY—Australia's central bank on Tuesday raised interest rates to a 10-year high and stuck with its projection that ...
December 6, 2022
BY
Reuters
Credit Card, Personal Loan Balances Hit Record Highs Amid Soaring Inflation, Rising Rates
As consumers grapple with surging inflation and rising interest rates, more Americans are taking on extra debt to ...
November 8, 2022
BY
Andrew Moran
ECB Must Keep Raising Rates Even If Recession Risks Rise, Lagarde Says
FRANKFURT—The European Central Bank must keep raising interest rates to fight off inflation, even if the probability of ...
November 2, 2022
BY
Reuters
UBS Plans More Share Buybacks as Wealth Management Shines
ZURICH—UBS struck a confident tone on Tuesday, reaffirming key financial targets and pledging more share buybacks next year, ...
October 25, 2022
BY
Reuters
Bank of America Beats Profit Estimates as Interest Rates Climb
Bank of America Corp. on Monday reported a smaller-than-expected 9 percent drop in quarterly profit, as its interest ...
October 18, 2022
BY
Reuters
Senator Warren Worries That Fed Will Tip US Economy Into Recession
WASHINGTON—Sen. Elizabeth Warren (D-Mass.) said on Sunday that she was very worried that the Federal Reserve was going ...
August 30, 2022
BY
Reuters
Fed’s Barkin: Interest Rates Need to Get ‘Restrictive’
Richmond Federal Reserve Bank President Thomas Barkin on Friday said he wants to raise interest rates further to ...
August 12, 2022
BY
Reuters
Global Cenbanks Lift Rates by Nearly 1,200 Bps in July
LONDON—Major developed and emerging market central banks around the globe delivered nearly 1,200 basis points in interest rate ...
August 4, 2022
BY
Reuters
Bank of Canada Governor Tiff Macklem Says He Won’t ‘Rule Anything Out’ on Rates
On a day when the Federal Reserve spooked markets with its tough talk on interest rates, Bank of ...
April 22, 2022
BY
The Canadian Press
Possibility of 50 Basis Point Fed Hike Pushes Yen and Euro Down
LONDON—The dollar rose on Tuesday as Federal Reserve Chair Jerome Powell put the possibility of 50 basis point ...
March 22, 2022
BY
Reuters
Fed Should Lift Rates a Full Percentage Point by Mid-Year: Waller
Federal Reserve Governor Christopher Waller on Thursday laid out the case for a "concerted" effort to rein in ...
February 26, 2022
BY
Reuters
Fed’s Mester: Rates Should Rise Faster Than After Great Recession
The Federal Reserve will need to move more aggressively to remove accommodation than it did following the Great ...
February 18, 2022
BY
Reuters
Japan Has No Plans to Review Sales Tax Rates, Finance Minister Says
TOKYO—Japan is not considering reviewing future national sales tax rates as the current 10 percent levy provides a ...
February 4, 2022
BY
Reuters
TOP NEWS
US Forces Strike Iranian Military Infrastructure in 12th Consecutive Night of Attacks
4hr
By
Kimberly Hayek
Company Disputes New Jersey’s Claim About ‘Serious Software Error’ That Added Noncitizens to Voter Roll
4hr
By
Timothy Frudd
Here’s Who Won Key House Primaries in Arizona
4hr
By
Nathan Worcester
FDA Investigates New Cyclospora Outbreak as Cases on Rise Across Midwest
7hr
By
Kimberly Hayek
Trump Denounces Communism, Touts Trump Accounts for Children in Georgia Speech
8hr
By
Travis Gillmore
124 Swiss Lawmakers Condemn Beijing’s Transnational Repression of Falun Gong
8hr
By
Arthur Zhang
Live From Capitol Hill: ‘Unbroken’ Panel Discussion on Artistic Freedom
8hr
By
Epoch Video
The New Cholesterol Pill Isn’t for Everyone. Here’s How to Tell.
9hr
By
Sheramy Tsai
Senate Panel Advances Bill to Make Hospitals Compete on Price
10hr
By
Lawrence Wilson
House Adopts Budget Blueprint for $95 Billion Reconciliation Package
10hr
By
Jackson Richman